First Published: 2012-11-13

 

British PM defends Gulf business trip

 

Cameron says his attempts to sell Typhoon jets during his Gulf tour was aimed at supporting British jobs, British allies.

 

Middle East Online

Cameron: Britain has the most rigorous arms export licensing regime in the whole world

LONDON - British Prime Minister David Cameron on Monday defended his attempts to sell Typhoon jets during a visit last week to the United Arab Emirates, Saudi Arabia and Oman, saying it was "vital" for British business.

Critics rebuked him for trying to sell warplanes to Saudi Arabia, attacking the country's human-rights record, but Cameron told guests at the Lord Mayor's Banquet in central London that Britain had "the most rigorous arms export licensing regime in the whole world.

"When Britain has a very strong defence industry, with 300,000 jobs depending on it, it's right that we should be at forefront of this market, supporting British jobs and British allies," he said.

"That's why last week, in the Gulf, I was pushing for new contracts for Typhoon jets worth billions of pounds and thousands of jobs," he added.

"That's vital new business for Britain. And I make no apology for going out there and trying to help win it."

Cameron also defended Britain's financial sector despite the chaos unleashed on the economy by the 2008 banking crisis, warning that "those who think the answer is just to trash the banks, would end up trashing Britain."

He vowed tough new regulations and called for "a regime where banks can fail without the need for taxpayers to bail them out."

 

Egypt renews calls for creation of joint military force at Arab summit

Torturous Iran talks move into top gear in battle of wills

Qaeda seizes 'majority' of Syria northwestern city of Idlib

Saudi ambassador to return to Sweden after diplomatic spat

Oil prices fall after Yemen-inspired gains

Libya forces ‘withdraw’ from frontline bases near oil ports

UN Security Council keeps Libya arms embargo in place

Saudi-led airstrikes target arms depots in Yemen capital

Death toll from hotel attack rises as fighting continues in Somalia

Turkish parliament passes security bill after long debate

Turkey army chief of staff visits historic tomb inside Syria

Saudi-led coalition keeps up raids against Yemen rebels

Assad says open to dialogue with US

US backs Saudi-led intervention in Yemen

Heavy Saudi raids force Sanaa residents to flee

Israeli Arab MP walks for Bedouins

Gulf stocks regain ground after early losses over Yemen

Kerry presses Iran on nuclear deal before deadline

Somali pirates seize Iranian fishing vessel

Borse Dubai sells big stake in London Stock Exchange

Can Arabs form joint military force?

Libya rivals discuss UN-backed peace proposals

French President to join 'anti-terror' march in Tunis

Sisi underscores Egypt’s rights to tap Nile water

US-led coalition aircraft bomb Tikrit

Saudi warplanes strike Yemen rebels in Sanaa

Netanyahu to form Israel new government after shock victory

Turkey military responds to Kurdish attacks in southeast

Leaders see horror of air crash as investigators step up probe

Fistfight in Iraqi Kurdish parliament

Syria rebels seize ancient town of Busra Sham

UN reveals plethora of abuses against activists in Libya

IS attack kills 5 militia fighters in Libya city of Sirte

Yemen President ‘in safety’ as rebel forces advance

US considering launching air strikes on Tikrit

Yemen Huthis seizes key airbase near Aden

'Feminist' policy costing dear to Sweden

Obama says row with Netanyahu ‘substantive’

Tunisia honours victims of deadly attack on national museum

Roadside bomb kills two Egypt soldiers in restive Sinai

‘Islamic State’ woos Syria children with money: More than 400 recruited in 2015 alone

Huthi-led militia push on southern Yemen

US envoy to Libya leaves Twitter after barrage of online abuse

US provides 'eye in the sky' to support Iraq Tikrit operation

Turkey prosecutors launch probe as ruling party rift grows